Corporate

IFC’s $56-million investment in Global IME Bank to bolster gender and climate financing in Nepal

KATHMANDU: To help increase access to finance for smaller businesses in Nepal, including women-owned firms, and foster climate-friendly projects, IFC is investing $56 million in Global IME Bank Limited (GIBL), the largest commercial bank in the country. The aim is to boost competitiveness in the small and medium enterprise...

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